How to Account for Stripe Credit Risk and Collections under ASC 606 and 326

Led by Cody Leach, CPA (Hubifi) and Henry McQueen (Monk), this session will give accounting and finance leaders a practical framework for accounting for and managing credit risk and bad debt under the applicable standards (ASC 606/ASC326). They’ll first cover the four ways that revenue leakage shows up before diving into key accounting considerations, with a special focus on how credit risks manifest in Stripe. 

Join to learn how to account for credit losses under ASC 606 and CECL without the audit surprises, and how to get ahead of the risk with automation by setting credit limits and net terms based on each customer's payment history and signals.

To register for this session, go to https://www.hubifi.com/resources-webinars. In order to be awarded the full credit hours, you must be present and participate in at least three poll questions, and remain on the line for the duration of the webinar.

Participants will earn 1.0 CPE credits. Sponsor ID: 169732 

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Field of Study: Accounting 

Additional Information: 

Prerequisites: Attendees should have 3-5 years prior industry experience and knowledge of ASC 606 and GAAP compliance standards.
Advanced Preparation: None
Program Level: Beginner. No prior knowledge is required to attend this event.
Who should attend: Revenue accountants, Controllers, Heads of Finance
Delivery Method: Group Internet Based 

Refunds and Cancellations: This program has no fee. For more information regarding administrative policies, such as complaints, refunds, and cancellations, please contact Christine Butchko at Christine@HubiFi.com. 

Official Registry Statement: 

HubiFi is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE  Credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

What you can expect from the webinar:

Identify the four ways that revenue leakage appears, beyond collections.

Apply ASC 606 and CECL/ASC 326 standards to account for Stripe sales

Build a defensible, repeatable process for estimating and adjusting allowances

Speakers:

Cody Leach, CPA

Head of Product Experience, HubiFi

Henry McQueen

Operations, Monk

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